Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 143,339 pages of information and 230,023 images on early companies, their products and the people who designed and built them.
1981 British Steel forged a new £130 million joint company with GKN and bought out the steelmaking businesses of the ailing private sector group Duport. The Corporation followed this with the formation of a new steel company Allied Steel and Wire. This joint venture company of British Steel and GKN merged their interests in rod and bar production. Both companies held 50% each of the ordinary share capital.
Plants operated by the venture included GKN's Tremorfa Steel Works at Cardiff, its associated bar and section mills and the giant Castle Rod Mill, also at Cardiff. British Steel contributed its No. 2 rod mill at Scunthorpe.